Helmsley Estate Sells Manhattan Hotel The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.
Mar 09 2010
Marriott Expands in Europe Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.
Mar 09 2010
General Growth Lines Up More Capital Mall owner General Growth Properties has bolstered its case for exiting from bankruptcy protection as a stand-alone company.
Mar 08 2010
General Growth Debt Bet Pays Off A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.
Mar 08 2010
Farkas Closes Deal to Buy Centerline The New York real-estate investor will buy one of the nation's largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline's debt.
Mar 08 2010
PRWeb: Business Real Estate
Latest news releases for Business Real Estate from PRWeb
In a new article, AimLoan.com explains why Fannie Mae and Freddie Mac’s program to refinance underwater homeowners should be expanded, as lowered mortgage rates are key to economic recovery. (PRWeb Mar 9, 2010)
The nation's first statutory registered appraisal management company, Alliance Appraisal Management (Alliance AMC), has recently consolidated all management, technology and compliance services under the umbrella of AMC Links, LLC. (PRWeb Mar 9, 2010)
Livability.com launches sweepstakes to help people “relocate to a better life.” Challenging times have many people yearning for a fresh start. Given the choice, wouldn't it be great to start over in one of America's most livable cities? The editors at Livability.com, an online relocation portal, certainly think so. That's why they've created the Relocate to a Better Life Sweepstakes. Livability.com has selected five of the most livable cities in the country (Asheville,NC; Nashville, TN; Eugene, OR; Pueblo, CO; and Albuquerque, NM) and partnered with the Chambers of Commerce in each community to create the Relocate to a Better Life contest. Winners will find out first-hand what it might be like to move to some of the best places to live in America during a VIP trip to the city hosted by the chamber. (PRWeb Mar 9, 2010)
Project Future, The Inside Story Behind the Creation of Disney World, is a fascinating new book that explores one of the most comprehensive and successful private developments in U.S. history – the Walt Disney World Resort. (PRWeb Mar 9, 2010)
Shopping mall operator General Growth Properties says two of its creditors have offered to invest $3.93 billion in the company to help it emerge from bankruptcy protection.
